Richard Verma said, "India now a global strategic, political and economic player"

Richard Verma said, "India now a global strategic, political and economic player"

Endorsing India as a "global strategic, political and economic player", United States Ambassador to India Richard Verma said on Monday that Washington will support New Delhi’s bid for UNSC membership in a reformed Security Council and leadership role in Paris Climate talks while enhancing trade and investment.

Endorsing India as a "global strategic, political and economic player",
United States Ambassador to India Richard Verma said

US and India are in "intensive consultations" over a bilateral investment treaty, discussing food security at the WTO and established a robust dialogue and information sharing mechanisms on finance and tax, he said at a speech at IIT-Madras.

India recently signed a bilateral agreement with US to share information to deter and detect tax evasion and money laundering. "The dialogues and information exchanges are imperative to resolving old disputes, like longstanding tax cases, while also ensuring our commercial connections grow stronger to help power both our countries’ growth," Verma said. 

Outlining American investors' interest in India's infrastructure, Digital India and Smart Cities initiatives, Verma said US is working hard on building a landmark Joint Vision Statement for the Asia Pacific that the President Obama and Prime Minister Modi entered into in January for developing new initiatives in maritime cooperation and in humanitarian and disaster response.

Last week, a trilateral meeting between India, Japan and the US at PACOM discussed maritime issues, which also means furthering our interests in economic integration and upholding international norms and rules in the Indo Pacific,

Referring to Prime Minister Narendra Modi's Eurasia visit, successful rocket launch by ISRO of five British satellites and other global engagement, Verma said: "This is the new normal – India as the global strategic, political and economic player.  We welcome that role, and will continue to be supportive of India’s global aspirations."

We will continue to support India’s bid for UNSC membership in a reformed security council; we support their phased membership in the four export control regimes; we want them to play a leadership role in Paris at the Climate talks; we have welcomed and saluted their role in humanitarian response – from Yemen to Nepal to the Maldives.  

Source :- http://www.btvin.com